General Insurance Reporting Framework

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What's new

16/06/2015 - APRA uses validation rules within D2A to validate the data submitted by reporting entities. Entities are expected to correct any reporting errors identified by these rules. Click here for the list of latest D2A Validation Rules for General Insurers.

Reporting Requirements

General insurers are required, under the Financial Sector (Collection of Data) Act 2001 and its reporting standards, to provide data to APRA. The data is defined in the set of reporting forms and instructions. Some forms are subject to audit requirements. Guidance and assistance to help entities submit forms are provided.

The Standard Business Reporting (SBR) initiative is a multi-agency initiative led by Treasury that will simplify business-to-government reporting in a number of ways. This will include the introduction of a single secure sign-on to submit reports to APRA and other SBR-participating government agencies. APRA will provide information to its regulated institutions in due course on the implementation of the SBR initiative, which involves all of APRA's reporting forms and will provide significant long-term benefits to institutions. For more information on SBR click here, or email sbr@apra.gov.au.